E522 Marychurch Road, Torbay, Torquay, Devon TQ1

Six converted Apartments in picturesque Development with a three storey extension to the rear

sold on 125 year leases from 1st January 2018

at a combined (rising) ground rent of £1,200 per annum

The ground rents are reviewed upward only every ten years to

RPI or the National House Price Index, whichever is the greater

with Time Not of the Essence thus late reviews back dated to the Review Date.

The Landlord Insures, Manages and recovers all costs by way of Service Charge.

Sum Insured: £395,000. Premium: £521.90. Renewal: 9th January 2019

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can Develop as they see fit.

Lessees cannot alter their premises without the written consent of the Landlord.

Section V Notices have not yet been served

Copy documents held electronically: Executed Lease; Insurance Summary of Cover.

Original Developer Selling

Guide Price: £30,000